Nifty 50 – 1 Hour Timeframe Analysis
Nifty is currently showing strong support near the 25,800 zone.
If this level breaks, the next support can be seen around 25,550–25,600.
As per the current market structure, Nifty may first move in a range-bound phase, achieving initial targets around 26,150–26,180.
If the upward momentum continues, the next potential targets will be around 26,300–26,400 levels.
If the pattern support zone holds, then the pattern targets are likely to be achieved.
Thank you!
Nifty is currently showing strong support near the 25,800 zone.
If this level breaks, the next support can be seen around 25,550–25,600.
As per the current market structure, Nifty may first move in a range-bound phase, achieving initial targets around 26,150–26,180.
If the upward momentum continues, the next potential targets will be around 26,300–26,400 levels.
If the pattern support zone holds, then the pattern targets are likely to be achieved.
Thank you!
@RahulSaraoge
Connect us at t.me/stridesadvisory
Connect us at t.me/stridesadvisory
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
@RahulSaraoge
Connect us at t.me/stridesadvisory
Connect us at t.me/stridesadvisory
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.